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 Interactive Brokers (IBKR), IBKR users, welcome!

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normanTE
post Jul 16 2020, 11:57 PM

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Guys there is some problem with IBKR they dont provide free market data for their client. we need to subscribe to it with a monthly fees. there is no free lunch i suppose. no wonder their trading fees is so low.

since i have account with tdameritrade so i got free data from there. but buy and sell thru ibkr
normanTE
post Jul 16 2020, 11:59 PM

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i tried to make an order today as the account just funded. per trade is usd 0.99 so ramjade it is easily 10 usd per month la. mana ada susah.

their trading webpage is lowsy lo. compare with think and swim or tradestation. but we are here for 1 usd pertrade. nothing to complain.
their business model is like airasia. you want to add additional service just add $$$

This post has been edited by normanTE: Jul 17 2020, 12:15 AM


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normanTE
post Jul 17 2020, 10:57 AM

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wondering why transferwise rate is always slightly better then instarem. any catch?
now rm 1000= 18048 in instarem
rm 1000 -=18059 hkd in transferwise.com
normanTE
post Jul 17 2020, 10:58 AM

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QUOTE(zenquix @ Jul 17 2020, 08:44 AM)
if you are holding / transferring usd 100k portfolio, don't worry abt the usd10 as it is waived. also depending on your trade style do check whether u are on tiered or fixed commission. For most, tiered is cheaper.

assuming you are on ibkr and not whitelabels
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is there anyway i can transfer change it to tiered price.
i trade alot hkse if pertrade 17hkd minimal that alrd 5 usd round trip
normanTE
post Jul 17 2020, 06:20 PM

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Honestly I don't understand why anyone want to send it back to Malaysia

there is so much of limitation here. ONLINE DAILY transfer limit 10,000 rm to 30,000 depend on your setting.
sg is 30,000 to 50,000 per day. hk is 3 million hkd per day. usa is 100,000 usd perday.

correct me if i am wrong.
normanTE
post Jul 18 2020, 11:12 AM

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QUOTE(echoesian @ Jul 17 2020, 11:59 PM)
Trading212 is so cool, the user interface is very user friendly and modern. I wonder if 0$ commission, 0 fees, how they make money?
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like a forex they earn through spread
but i doubt they will be around for the next 5yr.
normanTE
post Jul 18 2020, 05:02 PM

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Is it free trading ETF thru Ibkr? I am abit confused with their fees structure.
even after i configured to tier pricing yet they still charge me 1usd per trade.
normanTE
post Jul 18 2020, 05:06 PM

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QUOTE(MNet @ Jul 18 2020, 01:28 PM)
they will be around as their MO is same with robinhood
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are they listed in nyse or nasdaq?
is our funds fdic insured

This post has been edited by normanTE: Jul 18 2020, 05:24 PM
normanTE
post Jul 19 2020, 09:27 AM

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QUOTE(zenquix @ Jul 19 2020, 03:03 AM)
no charged as normal share.. only LSE has promo where no stamp duty (from lse)

https://www.interactivebrokers.com/en/index...=1590&p=stocks2

are you on ibkr or tsg? if tsg min per trade is usd1.50 and 0.007 per share

https://www.tradestation-international.com/...0-6ebf4fb9-d1f9
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https://www.interactivebrokers.com/en/index...=1590&p=stocks2
i registered and funded through this website. (ibkr)

i didnt aware of this TSG but after knowing there isnt anything special about them --> their fees structure is similar to sogotrade.com or zecco.com

normanTE
post Jul 19 2020, 09:50 AM

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wondering why when i place order the commission fees is not shown anywhere?


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normanTE
post Jul 19 2020, 10:07 AM

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QUOTE(Ramjade @ Jul 19 2020, 10:06 AM)
Click preview.
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Thank you Ramjade
normanTE
post Jul 19 2020, 10:25 AM

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their hkse stock brokerage fee is not cheap if compared to us market shares tier pricing
But compare to Maybank or even hsbc hk their trading fees is minimal 170hkd this is considered a steal.

This post has been edited by normanTE: Jul 19 2020, 10:26 AM


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